In depth
14 November 2024

TXF Dealmakers of the Year 2024

TXF is pleased to announce the winners of its Dealmakers of the Year Awards for 2024, a celebration of the most decorated export finance practitioners from our Dealmakers database. More

In depth
08 November 2024

Are ECAs looking beyond oil & gas in Africa?

Does TXF’s export finance data show that ECAs are less focused on oil & gas in their support for African investment? Yes, if one BIG outlier is removed. More

News
20 November 2024

Two more ECAs interested in supporting Troilus project

Troilus Gold looks set to receive further export credit agency support for its copper and gold project in Quebec. The company received a Letter of Intent from Finnvera for up to $300 million and another from Sweden's EKN for around $200 million. The announcement follows an LOI from Euler... More

News
20 November 2024

Plaquemines LNG faces major cost overruns

The Plaquemines LNG project led by Venture Global is running over budget and could end up with a total price tag of between $21 billion and $22 billion, according to reports citing Venture Global’s IPO documents.Plaquemines LNG, in Louisiana, will be the company’s second production... More

News
20 November 2024

DT Midstream to buy 3 natural gas pipelines from ONEOK for $1.2bn

DT Midstream has signed an agreement to purchase a portfolio of three interstate natural gas transmission pipelines in the US from ONEOK for $1.2 billion.The deal includes Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission, which are all regulated by the US Federal Energy... More

News
20 November 2024

Gunvor secures $2.265bn sustainability-linked RCF

Gunvor has signed a $2.265 billion sustainability-linked, multi-currency revolving credit facility in favour of Gunvor International B.V. and Gunvor SA.The facility consists of two tranches: tranche A is a $1.775 billion 364-day RCF with three 364-day extension options; while tranche B is a $490... More

News
20 November 2024

Exxon signs deal to supply lithium to battery maker LG Chem

Exxon Mobil has signed a preliminary agreement to provide battery metal lithium to an LG Chem plant in the US, strengthening the oil major’s role in the domestic critical minerals supply chain.The multiyear deal will cover the supply of as much as 100,000 tonnes of lithium carbonate from... More

News
20 November 2024

Sayona, Piedmont agree to create $623m lithium miner

Australia's Sayona Mining will buy US-based Piedmont Lithium in an all-stock deal that will consolidate its Canadian operations and strengthen its exposure to the North American electric vehicle sector.Under the deal, the two companies will merge to create a lithium business, with Sayona... More

News
20 November 2024

Aramco signs tripartite agreement to advance SASREF expansion

Saudi Aramco, its affiliate Saudi Aramco Jubail Refinery Company (SASREF), and an affiliate of Rongsheng Petrochemical have signed a development framework agreement to advance an expansion project at SASREF in Jubail.The tripartite agreement outlines the cooperation mechanism and planning relating... More

News
20 November 2024

LandBridge to buy Wolf Bone Ranch for $245m

LandBridge has entered into a purchase and sale agreement to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware Basin known as the Wolf Bone Ranch for $245 million from a subsidiary of VTX Energy Partners.Located adjacent to LandBridge’s existing surface... More

News
19 November 2024

Red Sea Wind Energy signs ECA-backed Gulf of Suez 2 financing

Red Sea Wind Energy has secured ECA-backed financing for the expansion of the Gulf of Suez 2 onshore wind farm project in Egypt.JBIC provided up to $51 million, with co-financing by EBRD, SMBC, Norinchukin Bank, and Societe Generale bringing the total amount to around $106 million. NEXI is backing... More

News
19 November 2024

Gasum acquires first Danish biogas plant

Gasum is expanding its biogas production portfolio with the acquisition of all shares in the Danish company Hærup Biogas ApS.The company owns and operates a biogas plant in the northern part of mainland Denmark. The facility mainly uses manure to produce 40GWh of biogas which is used for power... More

News
19 November 2024

Financial close for off-grid power at Eramet mine

Eramet and JUWI Renewable Energies have reached financial close on a €30 million ($31 million) off-grid solar and battery solution for a mine in Diogo, Senegal.The project, comprising 20MWp of solar and 11MWh of storage, will meet 20% of the Eramet Senegal mineral sands mine’s energy... More

News
19 November 2024

Abraxas, EDF plan 3GW green hydrogen project in Canada

Abraxas and EDF are to jointly develop the Exploits Valley Renewable Energy Corporation (EVREC) green hydrogen and ammonia project in Central Newfoundland.EVREC is a Power-to-X project that is expected to include up to 3+GW of onshore wind capacity with associated energy and molecular storage to... More

Event
Nov 19 - Nov 20, 2024

TXF Export Finance Dealmakers Assembly (Featuring TXF DACH)

Marriott Vienna, Austria

This innovative, networking-focused event returns, with deal origination at the heart of the whole experience.

Full details
News
19 November 2024

Massachusetts passes bill supporting offshore wind contracts

The Massachusetts State Legislature has passed a bill aimed at strengthening future offshore wind contracts. Among other provisions, the bill would allow the state to negotiate contracts of up to 30 years, extending the current 20-year limit. It also directs the Massachusetts Department of... More

News
19 November 2024

Massachusetts passes bill supporting offshore wind contracts

The Massachusetts State Legislature has passed a bill aimed at strengthening future offshore wind contracts. Among other provisions, the bill would allow the state to negotiate contracts of up to 30 years, extending the current 20-year limit. It also directs the Massachusetts Department of... More

News
19 November 2024

UK and Finland to increase nuclear energy cooperation

The UK and Finland have agreed to intensify their cooperation on nuclear energy.The two nations signed an MoU on the peaceful uses of nuclear energy. The areas for collaboration are new nuclear deployment, diversification of fuel supply, regulatory exchange, financing, new and emerging technologies,... More

News
19 November 2024

Spain, Lithuania, Austria up renewable hydrogen support

The European Commission, Spain, Lithuania and Austria announced new financial support for the development of renewable hydrogen via the Innovation Fund. The three Member States will participate in the ‘Auctions-as-a-Service' scheme as part of the second European Hydrogen Bank auction,... More

News
19 November 2024

Lithuania reopens offshore wind tender

Lithuania’s National Energy Regulatory Council (NERC) has launched its second offshore wind tender, seeking a developer for a 700MW offshore wind farm.Earlier this year the previous attempt at a second offshore wind tender was discontinued after only one bid was submitted. According to NERC,... More

News
19 November 2024

Orsted Americas CEO to join GE Vernova as CCO

Orsted Americas chief executive, David Hardy, has decided to leave the company to join GE Vernova as its wind division’s chief commercial officer.He will step down from his position effective November 30 and will join GE Vernova on January 6. In the interim period, Orsted's chief... More